1/42 Tambo Ave, Reservoir is a 4 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2011. The property has a land size of 245m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
This impressive modern townhouse (one of only two) with its own street frontage is ideal for professionals and investors alike with its spacious design, long list of features and sought-after location on the fringe of Oakhill Estate. Bathed in natural light, the home's flexible interior boasts three upstairs double bedrooms (two with mirrored robes), front balcony and stylish central bathroom. Downstairs: home office/fourth bedroom, vast open-plan living/dining area leading out to a private north-facing courtyard. Add to this a stone-bench kitchen with Bosch/Blanco appliances, laundry and separate (second WC), plus zoned ducted heating/refrigerated cooling, polished hardwood floors, large front garden and double garage (remote-controlled) with internal entry. Wonderfully quiet and convenient, it's close to local parks and schools, public transport options (trams, trains and buses), easy access to Broadway shops and cafes, Latrobe Uni and Preston Market.
Agent: Nelson Alexander Pty Ltd
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.
Reservoir has 28,996 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
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